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The Bounds of Reason
Game Theory and the Unification of the Behavioral Sciences - Revised Edition
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Language:
English
Published/Copyright:
2014
About this book
Game theory is central to understanding human behavior and relevant to all of the behavioral sciences—from biology and economics, to anthropology and political science. However, as The Bounds of Reason demonstrates, game theory alone cannot fully explain human behavior and should instead complement other key concepts championed by the behavioral disciplines. Herbert Gintis shows that just as game theory without broader social theory is merely technical bravado, so social theory without game theory is a handicapped enterprise. This edition has been thoroughly revised and updated.
Reinvigorating game theory, The Bounds of Reason offers innovative thinking for the behavioral sciences.
Author / Editor information
Herbert Gintis holds faculty positions at the Santa Fe Institute and Central European University. He is the author of Game Theory Evolving (Princeton), coauthor of A Cooperative Species: Human Reciprocity and Its Evolution with Samuel Bowles (Princeton), and the coeditor of numerous books, including Moral Sentiments and Material Interests, Unequal Chances (Princeton), and Foundations of Human Sociality.
Reviews
"The book is a combination of an excellent textbook on game theory and an innovation treatise advocating the unification of the behavioural sciences and refounding of game theory on different epistemic foundations. . . . It is clearly an important contribution to the current debate over the rational actor model that the rise of behaviourial economics has provoked."
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"Gintis' work reflects an amazing breadth of knowledge of the behavioural sciences. He is ever ready to pose unusual questions and to defend unorthodox proposals. The Bounds of Reason is Gintis' most ambitious project to date, one that draws upon all of his extraordinary originality and learning."---Peter Vanderschraaf, Journal of Economics and Philosophy
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"The Bounds of Reason appears as two books in one. One part develops an epistemic theory of the rational actor as an alternative to what is provided by classical game theory, and the other part is a spirited plea to use behavioral game theory as a unifying tool in all behavioral sciences. Both objectives are highly valuable, but combing them both creates friction. Friction creates heat, and Gintis, who thrives gleefully on controversial issues, may be enjoying the prospect of heated discussions."---Karl Sigmund, American Scientist
Topics
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Frontmatter
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Contents
vii -
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Preface
xi -
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1. Decision Theory and Human Behavior
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2. Game Theory: Basic Concepts
33 -
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3. Game Theory and Human Behavior
48 -
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4. Rationalizability and Common Knowledge of Rationality
86 -
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5. Extensive Form Rationalizability
106 -
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6. The Logical Antinomies of Knowledge
123 -
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7. The Mixing Problem: Purification and Conjectures
131 -
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8. Bayesian Rationality and Social Epistemology
142 -
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9. Common Knowledge and Nash Equilibrium
156 -
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10. The Analytics of Human Sociality
174 -
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11. The Unification of the Behavioral Sciences
194 -
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12. Summary
221 -
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13. Table of Symbols
225 -
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References
227 -
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Subject Index
255 -
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Author Index
259
Publishing information
Pages and Images/Illustrations in book
eBook published on:
March 30, 2014
eBook ISBN:
9781400851348
Edition:
Revised Edition
Pages and Images/Illustrations in book
eBook ISBN:
9781400851348
Keywords for this book
Nash equilibrium; Rationality; Probability; Common knowledge (logic); Strategy (game theory); Norm (social); Theory; Decision theory; Behavioural sciences; Rational agent; Bayesian; Preference (economics); Backward induction; Economics; Theorem; Rational choice theory; Decision-making; Behavioral game theory; Modal logic; Behavior; Rationalizability; Probability distribution; Social theory; Prediction; Evolutionary game theory; Human behavior; Methodological individualism; Result; Utility; Principle; Reason; Axiom; Subgame perfect equilibrium; Employment; Public goods game; Psychology; Loss aversion; Social epistemology; Emergence; Alice and Bob; Sociology; Social psychology; Forehead; Conjecture; Inference; Expected value; Folk theorem (game theory); Quantity; Extensive-form game; Irrationality; Incentive; Mutual knowledge (logic); Uncertainty; Bribery; Dictator game; Outcome (game theory); Pareto efficiency; Institution; Trade-off; Subset; Heuristic; Explanatory power; Poverty; Tax; Competition; Explanation; Prospect theory; Tautology (logic); Prisoner's dilemma; Cognition
Audience(s) for this book
For an expert adult audience, including professional development and academic research
